Top US Cannabis Stocks 2020: A Comprehensive Guide

As the cannabis industry continues to grow, investors are on the lookout for the top US cannabis stocks to invest in. The year 2020 has been particularly significant, with several companies making a name for themselves in this rapidly evolving sector. In this article, we will explore the top US cannabis stocks that investors should consider for their portfolios.

1. Canopy Growth Corporation (TSX: WEED, NYSE: CGC)

Canopy Growth Corporation is one of the largest cannabis companies in the world, with a market capitalization of over $5 billion. The company is known for its innovative products and strong distribution network. Canopy Growth has partnerships with several major brands, including Molson Coors and Snoop Dogg’s cannabis company, Leafly.

2. Aurora Cannabis Inc. (TSX: ACB, NYSE: ACB)

Aurora Cannabis is another leading player in the US cannabis market, with a market capitalization of over $5 billion. The company has a strong presence in both Canada and the US, with operations in 23 states. Aurora has a diverse product portfolio, including cannabis oils, edibles, and topicals.

3. Tilray Inc. (NASDAQ: TLRY)

Tilray Inc. is a Canadian cannabis company that has made a significant impact in the US market. The company is known for its high-quality cannabis products and innovative approach to cultivation. Tilray has partnerships with several major pharmaceutical companies and is currently conducting clinical trials for its cannabis-based therapies.

4. Cronos Group Inc. (TSX: CRON, NASDAQ: CRON)

Cronos Group is a Canadian cannabis company that has made a name for itself in the US market. The company has a market capitalization of over $4 billion and is known for its high-quality cannabis products and innovative approach to cultivation. Cronos has partnerships with several major pharmaceutical companies and is currently conducting clinical trials for its cannabis-based therapies.

5. Curaleaf Holdings Inc. (NASDAQ: CURLF)

Curaleaf Holdings is one of the largest cannabis companies in the US, with a market capitalization of over $3 billion. The company has a strong presence in 23 states and offers a wide range of cannabis products, including flowers, oils, edibles, and topicals.

6. Green Thumb Industries Inc. (NASDAQ: GTII)

Green Thumb Industries is a leading cannabis company in the US, with a market capitalization of over $2 billion. The company has a strong presence in 11 states and offers a wide range of cannabis products, including flowers, oils, edibles, and topicals.

7. HEXO Corp. (TSX: HEXO, NYSE: HEXO)

HEXO Corp. is a Canadian cannabis company that has made a significant impact in the US market. The company has a market capitalization of over $1 billion and is known for its high-quality cannabis products and innovative approach to cultivation.

Conclusion

As the cannabis industry continues to grow, investing in the right companies can be a lucrative opportunity. The top US cannabis stocks listed in this article are some of the most promising companies in the sector. However, it is important to conduct thorough research and consult with a financial advisor before making any investment decisions.

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